Miquel Fluxà Rosselló

Fluxà was born in Majorca[3] in July 1938,[4] he is the grandson of Antonio Fluxà who set up the shoe-making shop Lottusse in Majorca in 1877, and the son of Llorenç Fluxà Figuerola who expanded the family business to hospitality. Fluxà has two brothers: Antonio who led the family shoe company Lottusse until his death in 2015, and Lorenzo who founded the shoe brand Camper in 1975.[1]

In 1986, with his father, Fluxà opened his first Iberostar hotel. Expansion of the group included the acquisitions of an airline company, a cruise company and hotel chains. After his father died in 1993, Fluxà led the opening of the group's first international location in the Dominican Republic.[1]

In 2004, Fluxà founded Fundacion Iberostar.[5] In 2006, he sold most of the group's tourism subsidiaries to focus on hotels.[1]

In 2016, he appeared for the first time in Forbes' billionaire list with an estimated net worth of $2.1 billion.[1]

Fluxà is married to Sabina Thienemann,[6] and lives in Esporles, Spain.[2] He has two daughters, Sabina and Gloria, both of whom work for the company.[7][8]